MPs: Some amendments of CBE's law finalized to toughen penalties on black market traders
MPs: Some amendments of CBE's law finalized to toughen penalties on black market traders
Cairo - MENA
The joint committee from the legislative affairs panel and the economic affairs bureau committee at the House of Representatives finalized the bill, which was submitted by the government to amend the law of the Central Bank of Egypt and the banking sector.
The amendments include prison for at least three years and a fine not less than one million pounds and not more than five million pounds for traders selling foreign currency outside the official exchange rate, the committee said in its report on Tuesday.
The amendments also include prison sentences for individuals breaking the foreign exchange law, with jail terms not more than three months, it added.
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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